ABSOLUTE BAR AS: årsregnskap 2017 vs 2016
Shrank 15% on revenue
approved 2018-04-06; registry 2018-04-16; journal 2018 263258
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABSOLUTE BAR AS. Revenue 2.07m NOK → 1.76m NOK (-15.1%). Equity 11.35m NOK → 11.36m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSOLUTE BAR AS.
At a glance
Scorecard
Revenue
2.07m NOK
1.76m NOK
-15.1%
Operating result
n/m
+21.5k NOK
—
Net result
n/m
+8 061 NOK
—
Equity
11.35m NOK
11.36m NOK
+0.1%
Cash
201.0k NOK
233.8k NOK
+16.3%
Total assets
536.6k NOK
586.1k NOK
+9.2%
What improved
-
↑
Equity strengthened
Book equity 11.35m NOK → 11.36m NOK (equity ratio 2114.7% → 1937.3%). Calculated
-
↑
Cash rose
Bank deposits 201.0k NOK → 233.8k NOK (+16.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.07m NOK to 1.76m NOK (-15.1% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 879.6k NOK → 686.5k NOK (-22.0% YoY). Calculated